S.E.T.I.N.
ActiveSummary
S.E.T.I.N. has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €98k and a net result of €11k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 83% of 435 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-4
Solvency100=
Growth85▲+13
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 8.86 against 32.51 in 2024; short-term debt: 10.1% and cash: 78.7% of total assets), and 19.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.8%
Return on assets
9.3%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €98k
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
8 d early
2023
2 d early
2022
7 d early
2021
11 d early
2020
25 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€48k▼ 23.3%
2024 · €63k
2023: €5k
2024: €63k
2023 → 2025
EBIT margin
23.4%▲ 0.4pp
2024 · 23.0%
2023: -10.7%
2024: 23.0%
2023 → 2025
Net result
€11k▼ 21.7%
2024 · €14k
2019: €-718
2020: €-196
2021: €-485
2022: €-23k
2023: €-714
2024: €14k
2019 → 2025
Working capital
€96k▲ 22.0%
2024 · €79k
2023: €59k
2024: €79k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€5k€63k▲ 1,161%€48k▼ 23.3%
Equity€96k-€73k▼ 24.2%€72k▼ 1.0%€87k▲ 20.0%€98k▲ 13.0%
Operating result€-421-€-16k▼ 3,753%€-533▲ 96.7%€14k€11k▼ 21.8%
Net result€-485-€-23k▼ 4,701%€-714▲ 96.9%€14k€11k▼ 21.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121k
Fixed assets
€13k ▼ 32.4%
Current assets
€109k ▲ 33.3%
Equity and liabilities €121k
Equity
€98k ▲ 13.0%
Debt
€23k ▲ 69.7%
Debt's share of the balance-sheet total rises from 13.7% to 19.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€17k▼
2024 · €21k
Cash flow
€18k▼
2024 · €21k
Current ratio
8.86▼
2024 · 32.51
Quick ratio
8.24▼
2024 · 32.51
Debt to equity
0.24▲
2024 · 0.16
ROE
11.5%▼
2024 · 16.6%
ROA
9.3%▼
2024 · 14.4%
Interest coverage
46.80▼
2024 · 67.32
Debt ≤ 1 year
€12k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€101k€121k▲
Fixed assets21/28€19k€13k▼
Tangible fixed assets22/27€18k€12k▼
Furniture and vehicles24€18k€12k▼
Financial fixed assets28€900€900=
Current assets29/58€81k€109k▲
Stocks and contracts in progress3-€8k
Contracts in progress37-€8k
Amounts receivable within one year40/41€13k€3k▼
Trade receivables40€12k€3k▼
Other amounts receivable41€290€0▼
Cash at bank and in hand54/58€67k€96k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€101k€121k▲
Equity10/15€87k€98k▲
Contributions10/11€53k€53k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Profit (loss) carried forward14€28k€39k▲
Amounts payable17/49€14k€23k▲
Amounts payable within one year42/48€3k€12k▲
Trade debts44€431€2k▲
Suppliers440/4€431€2k▲
Advances received on contracts in progress46-€8k
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Accrued charges and deferred income492/3€11k€11k▼
Income statement
Code20242025
Turnover70€63k€48k▼
Goods, raw materials, services and sundry goods60/61€42k€38k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€628€736▲
Gross operating margin9900€21k€18k▼
Operating profit (loss)9901€14k€11k▼
Financial income75/76B€335€419▲
Recurring financial income75€335€419▲
Financial charges65/66B€306€373▲
Recurring financial charges65€306€373▲
Profit (loss) for the period before taxes9903€14k€11k▼
Profit (loss) for the period9904€14k€11k▼
Profit (loss) for the period to be appropriated9905€14k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€39k▲
Profit (loss) brought forward from the previous period14P€13k€28k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 2 days late
2025
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Back to profitnet €14k
Net result €14k after 5 loss-making years.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
06-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
02-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dalhem · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Heydt(WAR) 74608 DalhemGround area
2,664 m²
Building footprint
286 m²
Volume, LiDAR
1,848 m³
Parcel 62114B0119/00C000, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Heydt(WAR) 7, 4608 Dalhem
since 19952.071.403.623
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62114B0119/00C000 | Wallonia | 2,664 m² | 1 · 286 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MOBI & C°
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DEELUWNAAM
BE 0421.051.957
Hulshout · Eq €97,699
HERMANS-BRACKE
BE 0829.754.331
Tongeren-Borgloon · Eq €97,019
I&E AFFAIRES
BE 0880.502.553
Jurbise · Eq €96,958
DEXRENT
BE 0459.737.834
Maasmechelen · Eq €96,890
Of 1,443 companies in sector 77110 we hold annual accounts for 727. 503 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-1994
Fiscal year end30-06
Activities, NACEBEL 2025
77110Renting and leasing of cars and light motor vehicles
71121Engineering and related technical consultancy, excluding land surveyors
74999Other professional, scientific and technical activities
77210Renting and leasing of sports and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.